There is no doubt that the ravaging COVID-19 has significantly changed the way people live, work and play in a way that could never have been imagined. The bottom line is health and safety. Any real estate practitioner—real estate developer, real estate facilities manager or real estate broker— that is not digital-compliant in this era of the digital revolution will find himself to blame.
Estate is the English translation of the French word, “estat,” meaning status. Estate may have been derived from “estat” since property ownership bestows statuses on its owners. Real estate sector is the sector of the economy that caters for the physical infrastructure development and management of buildings, bridges, dams, roads, railways, and waste management. These basic infrastructures, on which life depends, are inevitable for our existence.
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